121 Hill Street

Barre, VT 05641

$694,500
Price
9
Beds
10
Baths
5,228 Sq. Ft.
$133 / Sq. Ft.
5,228
Sq. Ft.
$133
per Sq. Ft.

Description

Cherished landmark investment property with 10 residential rental units on a big level lot with ample parking and 10 garages plus a large yard. This property has one 2-bedroom unit, eight 1-bedroom units and one studio. An on-site coin-operated laundry is most convenient. Very well maintained. Exterior was recently painted and the parking area was recently paved in 2022. Room to grow the rent roll and has potential to create additional units on site. Solid value. Showings begin on Tuesday, 4/9.Cherished landmark investment property with 10 residential rental units on a big level lot with ample parking and 10 garages plus a large yard. This property has one 2-bedroom unit, eight 1-bedroom units and one studio. An on-site coin-operated laundry is most convenient. Very well maintained. Exterior was recently painted and the parking area was recently paved in 2022. Room to grow the rent roll and has potential to create additional units on site. Solid value. Showings begin on Tuesday, 4/9.
  1. Listed by Timothy Heney • Heney Realtors - Element Real Estate (Montpelier)

Property Details for 121 Hill Street

Parking
Detached, Parking Spaces 11 - 20, Paved
Zoning
Res8

Location

Listing Courtesy of Heney Realtors - Element Real Estate (Montpelier)
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LISTING UPDATED: 05/20/2024 12:30 PM

Property Details for 121 Hill Street

StatusUnder Contract
MLS #4990253
Days on Market44
Taxes$11,845 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1905
Lot Size0.56 AC / 24,393 SF
CountyWashington County

Location

Listing Courtesy of Heney Realtors - Element Real Estate (Montpelier)
Add your commute

Building Information for 121 Hill Street

Stories2Residences10Year Built1905Building Size-Lot Size0.56 AC / 24,393 SF

Payment Calculator

$4,777 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,790

Property Taxes

$987

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 121 Hill Street

Summary
Location and General Information
  • Area Description: Near Shopping, Neighborhood
  • City: Barre City
  • County: VT-Washington
  • Directions: North Main Street to Washington Street (US Route 302), left on Hill Street. Building is on right at corner of Charles Street.
  • Latitude: 44.192949922394476
  • Longitude: -72.492554542327881
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05641
Taxes and HOA Information
  • SPAN Number: 036-011-11795
  • Tax - Gross Amount: $11,845.44
  • Tax Rate: 3.79%
  • Tax Year: 2023
  • Tax Year Notes: 2023-2024
  • Taxes TBD: No
School Information
  • School - High: Spaulding High School
  • School - District: Barre Unified Union School District
  • School - Elementary: Barre City Elem & Middle Sch
  • School - Middle/Jr: Barre City Elem & Middle Sch
Parking
  • Garage: Yes
  • Garage Capacity: 10.00
  • Driveway: Paved
Property
Lot Information
  • Footprint: 21x63, 15x24, 7x8
  • Lot - Sqft: 24394.0
  • Lot Features: City Lot, Level, Sidewalks, Street Lights
  • Lot Size Acres: 0.56
  • Square Feet Apx Finished Above Grade: 4804.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 424.0
  • Square Feet Apx Finished BG Source: Estimated
  • Square Feet Apx Total: 6548.0
  • Square Feet Apx Total Finished: 5228.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 1320.0
  • Square Feet Apx Unfinished BG Source: Estimated
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • Foundation: Concrete, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1905
Utilities
  • Electric Company: GMP
  • Fuel Company: Gillespie
  • Electric: Circuit Breaker(s)
  • Sewer: Metered, Public
  • Water Source: Metered, Public
  • Utilities: Cable - Available, Telephone Available
  • Total Gas Meters: 0
  • Total Electric Meters: 10
  • Separate Utilities: Varies
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Color: White
  • Construction Materials: Wood Frame, Clapboard Exterior, T1-11 Exterior
  • Features - Exterior: Porch - Covered, Windows - Storm
  • Roads: Paved, Public
  • Roof: Corrugated, Metal, Standing Seam
  • Total Ranges: 10
Interior Features
  • Appliances: Water Heater – Electric, Water Heater – Separate
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Concrete Floor, Other, Unfinished, Walkout
  • Total Full Baths: 10
  • Flooring: Carpet, Vinyl
  • Heat Fuel: Electric, Oil
  • Heating: Forced Air, Hot Air
  • Cooling: None
  • Total Refrigerators: 10
  • Total Rooms Above Ground: 32
  • Total Stories: 2.5
  • Total Water Heaters: 8
  • Trash: Owner
Multi Family
Income & Expenses Information
  • Net Income: $79,445.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Snow Removal, Trash, Water/Sewer
  • Operating Expense: $42,990
Multi-Family Information
  • Total Units: 10
  • Total 1 BR Units: 8
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Level Number: Basement
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Apx Sqft: 390.0
  • Unit 1 Rooms: 3
  • Unit 1 Rental Amount: $725.00
  • Unit 1 Tenant Pays: Electric
  • Unit 1 Info: CO Detector, Heat Included, Range - Electric, Refrigerator
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Level Number: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Apx Sqft: 790.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $810.00
  • Unit 2 Info: Heat Included, Range - Electric, Refrigerator
  • Unit 2 Tenant Pays: Electric
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Level Number: 2
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Apx Sqft: 850.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $875.00
  • Unit 3 Info: CO Detector, Heat Included, Range - Electric, Refrigerator
  • Unit 3 Tenant Pays: Electric
Unit 4
  • Unit 4 Level Number: 1
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Rooms: 3
  • Unit 4 Baths: 1
  • Unit 4 Apx Sqft: 370.0
  • Unit 4 Bedrooms: 1
  • Unit 4 Rental Amount: $735.00
  • Unit 4 Info: Heat Included, Range - Electric, Refrigerator
  • Unit 4 Tenant Pays: Electric
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Level Number: 1
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 1
  • Unit 5 Rooms: 3
  • Unit 5 Apx Sqft: 428.0
  • Unit 5 Rental Amount: $735.00
  • Unit 5 Info: CO Detector, Heat Included, Range - Electric, Refrigerator
  • Unit 5 Tenant Pays: Electric
Unit 6
  • Unit 6 Level Number: 2
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 1
  • Unit 6 Rooms: 3
  • Unit 6 Apx Sqft: 608.0
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Vacant
  • Unit 6 Rental Amount: $760.00
  • Unit 6 Info: CO Detector, Heat Included, Range - Electric, Refrigerator
  • Unit 6 Tenant Pays: Electric
Unit 7
  • Unit 7 Bedrooms: 1
  • Unit 7 Rooms: 3
  • Unit 7 Baths: 1
  • Unit 7 Rental Agreement: Yes
  • Unit 7 Level Number: 2
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Apx Sqft: 390.0
  • Unit 7 Rental Amount: $735.00
  • Unit 7 Info: Heat Included, Range - Electric, Refrigerator
  • Unit 7 Tenant Pays: Electric
Unit 8
  • Unit 8 Baths: 1
  • Unit 8 Rental Amount: $700.00
  • Unit 8 Level Number: 3
  • Unit 8 Rental Amt Freq: Monthly
  • Unit 8 Status: Vacant
  • Unit 8 Bedrooms: 1
  • Unit 8 Rooms: 3
  • Unit 8 Apx Sqft: 390.0
  • Unit 8 Info: CO Detector, Range - Electric, Refrigerator
  • Unit 8 Tenant Pays: Electric, Heat
Rental
Rent Information
  • Total Leases: 8

Property History for 121 Hill Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 121 Hill Street

Taxable ValueLand$42,900Additions$269,200Total$312,100
Tax Record2021$11,465 ($955 / month)
Home Facts
Total Finished SqFt4,804 SqFtAbove Grade Finished SqFt4,804 SqFtStories2Lot Size24,394 SqFtStyleMiscellaneous CommercialYear Built1905ZoningR-8CountyWASHINGTONAPN(011) 0790-0121-0000

Schools near 121 Hill Street

Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - 5 to 12
Rating
School
Distance
Barre City Elementary/Middle School
PublicPK to 8

Spaulding Uhsd #41
Public9 to 12

Choice Academy
Private5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Heney Realtors - Element Real Estate (Montpelier)

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 05/21/2024 01:37 AM